The Pioche weekly record. [volume] (Pioche, Nev.) 1877-1900, 1887-01-22
RAILROAD ELL.
I.srea-s.d BY s...ser ro.j.d..

Aastooeeeo ~ HeAatoR Pou1ads.
SECTION I. The Board Of County
Commissioners Of the county of Lincoln
are hereby authorized and directed,
whenever, within Eve yeArs Of the pas.
sAgs Of this oct. any person or company
shall have completed the construction Of
. 6rst.elsss iron railway, of either broad
or narrow gauge. fully equipped with
rolling stock and provided with the ne.
cssssry shops for repairs. in or through
said county, . distance Of not less than
one hundred (l00l miles, to issue bonds
Of said county in any sum not exceeding
two thousand dollars (s2, O00) per mile
in length Of ssid road (not counting
fractions Of mils) laying within said
county, subject to the terms and con.
ditious Of this act.
SECTION 2. Said bonds shall BE- for
the sum Of two thousand dollars ts2, 000)
each. They shsll bear no interest.
They shall b. payable out Of the railway
fund, hereinafter to b. created Of Lin.
coin county, and from no other source.
A. the end Of ssvsn years from the dats
Of issuance they shall. Il not already
paid, become null and void. and shall b.
the property Of the county. and their
life or validity shall not b prolonged
bsyond that time BY Judgment Of court
nor BY any other means. They shall
not Be negotiable or transferable, except
10 the heirs or assigns Of the railway 10
encourage the construction Of which they
may b issued. and the person OF author.
issd agent Of the company - such who
rscsivss said bonds, having complied
with the terms herein prescribed, shall
agree in writing or print on the face Of
the bond 10 return the same 10 the Trsa.
sursr Of the county IL IL b. not paid at
the end Of seven Year,, unless Il BE- lost
OF destroyed. In which case he shall give
to said Treasurer . sworn certificate that
said bond hes bssn lost or destroyed. and
that the dsbt represented BY said bond
10 thsa wholly discharged by lspss Of
time according 70 agreement. He shall
sigp said agreement, which shall also IL.
Glade in default Of returning the bond or
certificate . payment 70 the Cos.ty
Treasurer d sss hundred dollars, sad
biz successor or successors shall b held
Ter the same. There shall b pristsd On
ths faes Of each bond, In eonspisuoss
plain black letter., the words 'withsut
vslss Alter seven years." aad IN smaller
type ths words This boad l. not nsso-
table. IL becomes null cad vsid after
ssvsa ysss iron there insert dats u
issuaaos). II the meantime IL ispsyabls
10 The order Of Issue from the Railway
Fund Of Lincoln county and from no
other source. II bsars no interest. The
party accepting u Agrees 70 these con.
ditieas. and further Agrees, il unpaid at
the end Of seven yssrs, that this bond
shall - rsturnsd to the Treasurer Of
Lincoln county. or II IL b. lost or dss.
troysd 10 give TO the said Treasurer .
certificate 70 that eject, which certificate
shall also aeknowlsdgs the nullity or
death Of this boad, o.. in default Thereof.
pay 10 said Treasurer one hundred dol.
lars, lawful money Of the United States. /"
1t the cad Of which shall follow the
signature Of the accepting party.
SECTION .. The bonds shall b. sigasd
BY the Chairman Of the Board Of County
Commissioners, under seal, and shAll also
b. subscribed BY the Clerk Of said
Beard. The Treasurer shall pay them
In the order In which they are drawn.
paying one bosd, on presentation. sad
eaneslling the same whenever there shall
bs two thousand dollsrs or more in the
Railway Fund. And in case at the end
Of seven ysars. the bonds b. not al paid,
and sum lsss than TIVE thousand dollars
remain in said fund, he shall pay said
cam lees than two thousand dollars for
The bond next In order TO b paid, n.
ssiving ssd oanosllins the same.
ov~~rox r.. Rs;1uav Eund ~